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Ex-PPMC Boss, Haruna Momoh In Trouble

Former Managing Director, Petroleum Products Marketing Company (PPMC), Haruna Momoh is in hot soup.

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Monday, November 4th, 2019 said it has secured an interim forfeiture order from a High Court of the Federal Capital Territory, Abuja, to seize N2, 417, 037, 404 billion illegally acquired by him.

ICPC revealed that it has started moves to recover the N2.4 billion permanently alongside some landed properties linked to Momoh. It said the cash includes foreign and local currencies, stashed in multiple accounts in four different banks as well as five landed properties located in different parts of Abuja metropolis.

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ICPC added that it discovered four bank accounts owned by Eileen Ochuko Momoh, the wife of the ex-PPMC boss where the combined sum of N469.2 million in foreign and local currencies was stashed.